Debt Collection
In the United States, demand letters from a debt collector relating to a consumer debt must comply with the Fair Debt Collection Practices Act.
In some cases in Canada, a demand letter is mandatory; without it, a person could lose his or her case.
Read more about this topic: Demand Letter
Famous quotes containing the words debt and/or collection:
“I have been told, that in some public discourses of mine my reverence for the intellect has made me unjustly cold to the personal relations. But now I almost shrink at the remembrance of such disparaging words. For persons are love’s world, and the coldest philosopher cannot recount the debt of the young soul wandering here in nature to the power of love, without being tempted to unsay, as treasonable to nature, aught derogatory to the social instincts.”
—Ralph Waldo Emerson (1803–1882)
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